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Commerce Center II 1512 Crums Ln 39,672 SF 100% Leased Office Building Louisville, KY 40216 $3,168,250 CAD ($79.86 CAD/SF)
Investment Highlights
- Well suited for an owner-occupant or investor
- Close proximity to I-264
- Convenient Location
Executive Summary
This office property is located in a mature, central location in South Louisville. The four story building contains 39,000 + sf and sits on a large, almost 2 acre parcel. The opportunity is very well suited for an owner occupant who can occupy an entire floor and enjoy rental income from other tenants. It is a well-suited location for medical tenants, as well as traditional office users seeking value in a convenient location.
Located in close proximity to the I-264 interchange, the property contains plenty of parking to support existing tenants. It is offered well below replacement cost with potential for increased value through further building enhancements.
Located in close proximity to the I-264 interchange, the property contains plenty of parking to support existing tenants. It is offered well below replacement cost with potential for increased value through further building enhancements.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
39,672 SF
Building Class
C
Year Built/Renovated
1972/2001
Price
$3,168,250 CAD
Price Per SF
$79.86 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
10,000 SF
Building FAR
0.27
Lot Size
3.35 AC
Zoning
OTF
Parking
200 Spaces (5 Spaces per 1,000 SF Leased)
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Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 090E00890000 | Improvements Assessment | $2,075,195 CAD |
| Land Assessment | $225,996 CAD | Total Assessment | $2,301,191 CAD |
Property Taxes
Parcel Number
090E00890000
Land Assessment
$225,996 CAD
Improvements Assessment
$2,075,195 CAD
Total Assessment
$2,301,191 CAD
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Commerce Center II | 1512 Crums Ln
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